Budget 2025 may see higher allocation for transport infrastructure despite tight finances — RHB IB
The proportion of development expenditure to the transportation sub-sector under Budget 2025 could be “reasonably higher” than the 21.
The proportion of development expenditure to the transportation sub-sector under Budget 2025 could be “reasonably higher” than the 21.
The recommendation comes as the government embarks on the proposed third-phase of the project also known as the Circle Line.
Based on EdgeProp EPIQ analysis, there are a total of about 84 upcoming projects along the MRT3 Line.
Transport Minister Anthony Loke Siew Fook: “We need to examine frameworks from other countries that have already enacted laws for AVs.
Public viewing of the latest changes to the MRT3 project is expected to run for three months until Dec 2.
This timeline is contingent on the successful completion of all necessary commissioning and testing, according to Transport Minister Anthony Loke Siew Fook.
MRT 3, called “The Circle Line”, is proposed to span 51 kilometres (km) around Kuala Lumpur’s perimeter, while integrating with existing MRT, LRT, KTM, and monorail lines, through 10 interchange and connecting stations.
MRT3 — currently still in the planning stages — will be the final piece of the Klang Valley Mass Rapid Transit (KVMRT) network that will run along the perimeter of Kuala Lumpur, integrating with existing MRT, LRT, KTM, and Monorail lines through 10 interchange and connecting stations.
The company manufactures battery packs for electric vehicles and provides industrial energy storage systems.
The proposed investment is anticipated to feature an AI university and data centre within the park, and could generate 5,000 jobs over the next five years.